News Coverage | Newsroom | Cox Automotive

Cox Automotive Makes Bold Move with Subscription Services 09/12/2018 CBT Automotive is speaking today with Cox Automotive members: Joe George, president of Mobility Solutions, David Liniado, vice president of New Growth and Development, and Vince Zappa, president of Clutch Technologies to discuss the future of the automotive industry, and find out what consumers really want. Cox Automotive is expanding their business model to include a new branch of the automotive industry, vehicle subscription services. By acquiring… Read Article

Mobility Solutions Group News Coverage

What the Latest Cox Automotive Insights Reveal About Consumer Perception – Michelle Krebs & Vanessa Ton 02/18/2021 CBT News, Feb. 19, 2021 – Cox Automotive recently published the Kelley Blue Book Brand Watch Reports on the luxury and non-luxury segments. The study covers both luxury and non-luxury segments. Today on CBT News, Michelle Krebs and Vanessa Ton join the show to discuss findings from the report. Krebs is the executive analyst for Autotrader and Vanessa Ton is senior research manager for Cox Automotive.… Read Article

News Coverage

What Dale Pollak Would Have Said on the Show Floor 02/09/2021 Automotive News, Feb. 9, 2021 – Buick dealer Len Pollak had a rule for his four sons in the 1960s: No going to the NADA convention until you're 10. That left Dale Pollak, the youngest, in an annual state of humiliation. Not only did he have to watch his brothers take off without him, he had to endure their taunts as they called home to Gary,… Read Article

News Coverage

DAILY DRIVE PODCAST: Cox Automotive’s Steve Rowley: ‘The future is bright for us’ 01/29/2021 Join Automotive News Publisher Jason Stein for a daily podcast series about the coronavirus crisis. He speaks with industry experts, insiders and Automotive News reporters about how the virus is impacting and reshaping the automotive industry. The new Cox Automotive President Steve Rowley sees growth opportunities for the dealership services giant in digital retailing and areas such as mobility and electrification. Rowley is also looking to accelerate innovation… Read Article

News Coverage

Pandemic Sharpens Split Between Have and Have-Not Car Buyers 01/06/2021 Bloomberg, Jan. 6, 2021 – Pandemic lockdowns have cost millions oflow-income Americans their jobs, while white-collar types whowork from home are flush with cash they can’t spend on dining ortravel. Instead, many of them are buying expensive cars.High-end trucks and sport utility vehicles are flying offdealer lots, but sales of entry-level compact cars andcrossovers remain depressed. General Motors Co.’s premium peoplehaulers like the Chevrolet Tahoe and… Read Article

News Coverage

The Coronavirus Holds Down Auto Sales, But It’s Still A Seller’s Market 12/22/2020 Forbes, Dec. 22, 2020 – The deadly coronavirus pandemic continues to cast a shadow on the U.S. economy and auto sales, probably through at least the first half of 2021, until vaccines become more widely available, according to a forecast from Cox Automotive. “We are starting to think things look a little bit tougher for the vehicle market,” said Charlie Chesbrough, Cox Automotive senior economist, in… Read Article

News Coverage

What the Auto Industry Can Expect From Year-End Sales in 2020 – Brian Finkelmeyer 12/18/2020 What can the industry expect through the end of the year? Brian Finkelmeyer, senior director of new car solutions at Cox Automotive, joins Jim Fitzpatrick on CBT News to answer that question. Finkelmeyer recently published an article in the Cox Automotive Newsroom titled Everything About 2020 Is Different, Including Year-End Deals, where he explores how December 2020 will look different from previous years. Finkelmeyer begins the conversation… Read Article

News Coverage

Cox Automotive Unveils Dealertrack Credit Availability Index 12/14/2020 Auto Remarketing/SubPrime Auto Finance News, Dec. 14, 2020 – Cox Automotive recently launched a new industry measurement called the Dealertrack Credit Availability Index that’s geared to track how the auto-finance market is trending. For the first installment, analysts discovered credit availability continued to improve in November for all types of financing. Cox Automotive indicated the index improved 0.8% in November to 94.8, reflecting that credit was… Read Article

News Coverage

Politics, Virus Weigh on Dealers 12/14/2020 Automotive News, Dec. 14, 2020 – Political confusion and a worsening pandemic clouded dealer sentiment gauged by Cox Automotive's quarterly Dealer Sentiment Index survey. Dealers reported slightly lower optimism on Cox's fourth-quarter poll, conducted Nov. 4 to 15 as coronavirus cases surged and the outcome of the presidential election hung in the balance. Cox Automotive Chief Economist Jonathan Smoke said the time it took to ratify… Read Article

News Coverage

Strategies to Keep BEVs from Zapping Your Service Lane Revenue 12/13/2020 Automotive News/Fixed Ops Journal, Dec. 2020 – Ed Roberts, fixed ops director at Bozard Ford-Lincoln in St. Augustine, Fla., has been thinking a lot lately about how Ford's first three battery-electric vehicles — the Mustang Mach-E arriving this month, the E-Transit van coming late next year and the battery-powered F-150 planned for 2022 — will start to upend his store's fixed operations business model. Roberts expects… Read Article

News Coverage

Big Drop in CPO Sales, but Market Set for 2021 Rebound 12/10/2020 Auto Remarketing, Dec. 10, 2020 – Certified pre-owned sales took major tumbles on both year-over-year and month-over-month bases in November, but that shouldn’t cause alarm about the overall strength in CPO, according to Cox Automotive. The 21% decline from November 2019 admittedly could be seen as “a big shock to the market,” but that slowdown was largely driven by last month having three fewer selling days… Read Article

News Coverage